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The article links the Philippines’ 2.1% third-quarter GDP growth to higher energy import costs, a wider current-account deficit, and peso depreciation. It says inflation and the currency squeeze have prompted monetary tightening even as economic growth slows.
A weaker peso makes dollar-priced energy and imported inputs more expensive, raising costs for domestic businesses and potentially feed buyers. Lower oil prices after a resolution to the Middle East conflict would ease that pressure.
ainvest.comCarina RivasNov 9, 2026After 487 past bullish macro events, Crude Oil (WTI) moved a median +1.0% over 5 sessions (60% higher; middle half -2.0% to +4.0%), and +1.5% over 20.
After 323 past bullish macro events, Crude Oil (Brent) moved a median +0.7% over 5 sessions (58% higher; middle half -2.9% to +3.7%), and +1.3% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
